Production Business Technology Rotation Analyst Program

PENNYMAC

Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. 

At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.

Job Overview

Explore taking your career further with one of the fastest growing mortgage companies in America! Pennymac is expanding and leading the way through technology innovation and investments in unparalleled user experience designed to streamline the dream of owning a home.  

The Production Business Technology (PBT) Rotational Program was created to cultivate future leaders that have the requisite knowledge of the company, its culture, and how technology products deliver value to the consumer and shareholder. We are looking for diverse, highly-motivated team members who want to come grow and lead the lending experience change with us.

The program has openings for Rotational Analysts to join our incoming cohort with a start date of July 1st. By hiring recent college graduates with fresh perspectives and modern technology skills, the company will be able to instill its values and core competencies in future leaders who can challenge and optimize current practices. Given the immersive and rotational nature of the program, analysts will be able to gain deep understanding of individual product teams and the company as a whole while building relationships amongst peer groups and existing Pennymac leadership. Rotational Analysts should be able to assess their learned skills in relation to core competencies of a product analyst and beyond.

A Typical Day

• Participate in organizational analysis to identify current capabilities and identify opportunities for improvement
• Perform knowledge transfer through training documentation and transition plans to incoming Rotational Analysts to set them up for success in that rotation
• Provide feedback to leadership on the goals and effectiveness of the program
• Gather business requirements that affect technology systems, and engage with technology partners to develop solution through technology change process
• Write and communicate requirements and user stories with acceptance criteria following standardized Agile framework
• Work effectively inside a Scrum or Kanban team
• Collaborate with Tech Leads and UAT to define when user stories are done
• Manage stakeholders and teams of people across functional areas to implement a project Coordinate risk assessment and use risk assessment output to help mitigate risks to project
• Participate in backlog grooming sessions for ongoing roadmap planning
• Execute on test script developed in design and implementation phases
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

What You’ll Bring

• Bachelor's degree graduating no later than May 31, 2024 or equivalent work experience no later than 
• Exposure to the Software Development Lifecycle (SDLC)
• Exposure to Agile methodologies
• Excellent interpersonal, verbal and written communication skills, and organizational skills
• Highly proficient in the G-Suite (Docs, Sheets, Slides, etc)
• Data analysis experience a plus
• Knowledge of BI Tools a plus
• Knowledge of JIRA, Confluence a plus
• Must be a team player with strong attention to detail, with the ability to work independently
• Proven track record at delivering timely and accurate information in a fast-paced environment
• Excellent critical thinking, problem solving and mathematical skills, using sound judgment
• Financial Services and, if possible, mortgage industry experience preferred
• Strong business acumen and ability to interface with executive management

Why You Should Join

As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do. 

Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported. 

Benefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include: 

• Comprehensive Medical, Dental, and Vision
• Paid Time Off Programs including vacation, holidays, illness, and parental leave 
• Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
• Retirement benefits, life insurance, 401k match, and tuition reimbursement 
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

To learn more about our benefits visit: https://pennymacnews.page.link/benefits

Compensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:

• Lower in range - Building skills and experience in the role
• Mid-range - Experience and skills align with proficiency in the role 
• Higher in range - Experience and skills add value above typical requirements of the role 

Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance. 

Salary

Work Model

Salary : $55,000 - $85,000